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Smart for Life, Inc. - $SMFL STOCK NEWS

Welcome to our dedicated page for Smart for Life news (Ticker: $SMFL), a resource for investors and traders seeking the latest updates and insights on Smart for Life stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Smart for Life's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Smart for Life's position in the market.

Rhea-AI Summary
Smart for Life, Inc. (Nasdaq: SMFL) has announced a distribution agreement with Boxout for nationwide distribution of Sports Illustrated Nutrition products through fitness chains like Equinox, YMCA, and LA Fitness. The product line includes whey protein powder, joint health, pre-workout and post-workout blends, omega-3 supplements, and protein bars.
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Smart for Life, a global leader in the Health & Wellness sector, has announced an agreement with Two Hands Corporation, a leading distributor of food related products in Canada. The agreement is expected to significantly expand Smart for Life's audience of consumers by adding additional distribution partners and retail channels. The partnership aims to reach $100 million in revenue and will result in initial shipments of products into Canada starting in Q3 2023.
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0.57%
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-6.21%
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Ryan Zackon has joined the board of Maccabi USA, bringing his experience as the former CEO of Smart For Life Inc. and his success in the nutraceutical industry. He recently represented the USA at the 21st Maccabiah Games in Israel, winning a Bronze Medal in Cycling. Mr. Zackon is also involved in various Jewish organizations and foundations.
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0.87%
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-38.25%
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Smart for Life announces successful refinancing of capital structure and balance sheet transformation
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3.83%
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14.15%
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Rhea-AI Summary
Smart for Life, a global leader in the Health & Wellness sector, reported financial results for Q1 2023. Despite a decrease in revenue, the company is confident in its organic growth initiatives and expects sales to rapidly increase. They are also on track to close an eCommerce acquisition in Q2, which is projected to make their manufacturing facility immediately profitable. The nutraceutical industry is experiencing significant growth and Smart for Life aims to achieve $300 million in revenues by Q4 2026.
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-5.09%
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Smart for Life, Inc.

Nasdaq:SMFL

SMFL Rankings

SMFL Stock Data

348.26k
568.07k
2.79%
28.16%
34.11%
Medicinal and Botanical Manufacturing
Manufacturing
Link
United States of America
MIAMI

About SMFL

well-known for its popularity from clients across the u.s. and canada, the smart for life® cookie diet is more than just a weight loss company. it is committed to helping its clients lose weight, gain health and positively impact the environment along the way. over the past 7 years, smart for life® has helped hundreds of thousands of people lose hundreds of thousands of pounds - improving their health, appearance and happiness. founded by dr. sasson moulavi, md, a bariatric physician, smart for life® is based on his realizations of how food affects our health and uses the american society of bariatric physicians (asbp) guidelines. the asbp is a 50-year old organization teaching physicians the fundamentals of weight loss. smart for life® recognizes that food should be free of chemicals such as pesticides and preservatives, and produces its food with triple-filtered water and pesticide-free organic food ingredients. in order to truly compete with the wide variety of unhealthy fast food a